Q1. Identify the three true statements about the Financial Management architecture.
A. Hyperion Financial Management uses a multitier architecture that includes a client tier, application tier, and a data tier.
B. The client tier (user interface) communicates with the data tier.
C. The client tier (user interface) communicates with the application tier.
D. The application tier contains the application as well as the report and Web servers.
E. The data tier contains the Essbase database for all Hyperion Financial Management application data and source data.
Answer: ACD
Q2. You need to migrate an FM application in version 11 from development to production. Your environment has two instances of Shared Services, one for development and one for production. Identify the two true statements about using Life Cycle Management to perform the application migration from development to production within this environment.
A. You can select specific objects to migrate or all objects to migrate.
B. Migrating applications from development to production in disconnected environments, where there are two instances of Shared Services, is not supported.
C. Life Cycle Management will migrate both objects and data.
D. Life Cycle Management will generate an XML file that can be modified and used for importing to target applications.
E. The only role necessary to perform LCM activities is Application Administrator.
Answer: AD
Q3. Identify two true statements about the native data load file format.
A. The default column order for the native data file is Scenario, Year, Period, View, Entity, Value, Account, ICP, Custom1, Custom2, Custom3, and Custom4.
B. You cannot change the column order for the data file.
C. The Group section defines the POV for the data file; you can define only a single member for each POV dimension.
D. The Line Items detail section contains data values.
E. The Group section is required.
Answer: AD
Q4. What are the two required steps for creating data synchronization?
A. Map dimensions.
B. Assign default members.
C. Define mappings for all members
D. Create the synchronization.
E. Filter dimensions
Answer: AB
Q5. Identify the three true statements about accounts and account types.
A. Financial Management provides predefined account types such as Asset, Revenue, Flow, Balance, and Dynamic.
B. Account types tell FM how the child account should aggregate to the parent.
C. Account types tell FM how the account balances should accumulate over time.
D. Base level accounts do not automatically roll up to parents; business rules are required.
E. Children cannot inherit the account type of their parent unless specifically defined by the administrator.
Answer: ABC
Q6. Identify three valid application settings
A. MaxNumDocAttachments
B. UseSecurityForEntities
C. UseSecurityForValue
D. Va1idationAccount
E. SupportSubmissionPhaseforEntity
Answer: ABD
Q7. What are two effects of deploying an EPMA application?
A. The EPMA metadata is extracted to a text file.
B. If enabled, it pushes the data to Essbase via Essbase Analytic Link for FM.
C. The EPMA application metadata is used to create an FM application on the FM server.
D. The application is sent out to a star schema for use by Essbase and other products.
E. When you redeploy an application, the application metadata is merged or replaced based on the changes made since the last deployment.
Answer: CE
Q8. You need to copy an FM Classic application including data from the production environment to the test environment to test new business rules.
How can you do this?
A. Use the FMCopyApplication.exe utility.
B. Copy the application using the Admin Task list, select Extract Application and then import into a new application.
C. Select the Copy User Provisioning in Shared Services.
D. Use Life Cycle Management to migrate the artifacts and data.
E. Use the EPMA File Generator Utility to extract and import metadata.
Answer: A
Q9. Which clearing data using the Database Management module, dimension is not included for selection?
A. Scenario
B. Account
C. Custom1
D. Entity
E. Value
Answer: C
Q10. In a scenario with the zero view set to year-to-date, if January is $30 year to date and March is $90 year to date, what value does FM calculate for February year to date if no data is loaded?
A. 0
B. 30
C. 45
D. 60
E. -30
Answer: A